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Reebok rebrands as a fitness center in the U.S. and Europe

Reebok, the shoe brand is turning into fitness centers. Its "Be More Human" campaign challenges people to test their physical strength in group sessions. Earlier on, it had launched in the U.S. This week, the campaign will roll out in Germany.

Sep 03, 2015 11:26 PM EDT


Russia cracks down on foreign internet firms

In a latest move, Russian government came out with a new law that empowers Russia to block foreign internet companies and force them to share data on Russian citizens onto Russian terriroty. Recently, it partially blocked Wikipedia and few other sites.

Sep 03, 2015 12:17 AM EDT


Led by US, foreign investors hold 54% of UK stock market

The US investors hold majority share of 46% in the toal foreing ownership of 54% in the UK stock market in 2014, according to a latest data from Office for National Statistics (ONS). Pension funds' share in foreign ownership drastically fell to 3 percent.

Sep 03, 2015 12:09 AM EDT


China shares recover early losses, other Asian markets up

Chinese shares regained early losses Wednesday amid reports Beijing had been buying shares to support the market. Other markets in Asia were up despite disappointing economic data.

Sep 03, 2015 12:26 AM EDT


US construction spending at 7-year high

The latest data from the US Commerce Department reveals that construction spending grew 0.7 percent to $1.08 trillion showing seven-year high. the construction spending has been growing for the past eight months continuously.

Sep 02, 2015 11:54 PM EDT


Wild swings in China stocks this week

China and Asian market drop again today on U.S drop last night and weak manufacturing data released by Chiese government.

Sep 03, 2015 11:14 PM EDT


Spain’s reform efforts praised, but many Spanish disagree

Spain might be receiving lots of praises that the country's economy is doing great but to many Spanish that us disagreeable.

Sep 03, 2015 09:24 AM EDT


Irish Gambler John McManus seeks $5.22 Million tax refund from IRS citing international treaty

One of Ireland’s richest, horserace owner and businessman John P. McManus is asking for $5.2 million from the U.S. government, which was wrongfully withheld from his $17.4 million gambling winnings to cover taxes.

Sep 02, 2015 03:09 AM EDT


Canada slides into recession as oil prices dip

Canada is now officially in a recession after registering two consecutive quarters of negative growth. The oil exporting economy was particularly hit hard by slumping oil prices, which are now half their level last year.

Sep 02, 2015 03:17 AM EDT


Honda opens first compressed natural gas fueling station in Ohio despite CNG civic being discontinued

Honda recently opened its first CNG refuelling station at its campus in Marysville, Ohio. Honda Motor Co. was one of North America's leading proponents of natural gas in vehicles for more than 16 years.

Sep 02, 2015 02:48 AM EDT


Gear up for China growth slowdown, IMF tells emerging nations

International Monetary Fund's (IMF) Managing Director Christine Lagarde said the world should brace up for China's economy slowdown. IMF further said that gwoth will be moderate and below its previous forecast made two months ago.

Sep 01, 2015 11:34 PM EDT


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